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20121120
20121120
Search Results 0 to 4 of about 5 (some duplicates have been removed)
of hiking income tax rates. states with a lot of tax write offs like california and new york would be hit hard. california money manager says the fiscal cliff face could lead to a lot more problems. i will explain. >> there are different ways to skin the cat. increased tax rates or eliminate loopholes, and if the democrats are going to go down the path to try and find ways to find revenue by increasing taxes or eliminating mortgage interest adoptions on states like california and new york, we both know that on both of these coats, real estate values seem to be the highest in the united states, so if we eliminate that, there will be money to pay to the government as a result. tom: this is becoming clear even before anybody knew who was going to win the election because mitt romney was talking about putting some sort of overall cap which would hurt people with the biggest deductions. and it looks like maybe that is the middle ground then they go for. >> and i think they will come to some middle ground. i think it'll be a temporary fix meaning i don't think this fiscal cliff will be a perman
in southern california where four men are arrested and charged with plotting al qaeda style attacks against americans. >>> and multi-millionaire software developer john mcafee is speaking out while he remains in hiding from the police over a murder investigation. >> announcer: this is "early today" for tuesday, november 20th, 2012. >>> good morning, everyone. i'm lynn berry. right now president obama is in headed home after attending a summit in southeast asia today. a fast-paced trip. it was escalating tensions in the middle east that required much of his attention. earlier this morning secretary of state hillary clinton departed for the region at the president's request. nbc's political director and chief white house kres spon dend chuck todd is traveling with the president. chuck, good morning to you. >> reporter: good morning, lynn. it's safe to say the events in gaza have overtaken or overshadowed what the president has been working on here in southeast asia. i can tell you this, last night the president was on the phone until 2:30 in the morning, first with egyptians president morsi a
that painful. here is to engage with the mouse. take a look at this. california from the average tax deduction for people who do file the itemized form are $3,901. new york, washington dc, connecticut, new jersey. really getting hit hard as well. they have the biggest tax deductions. i know some folks think that if you remove those tax credits and deductions, then we lose the progressivity of the tax code. in other words, they say it would become even more unfair. even after credit to deduction, the taxes of them is still progressive. check out this chart. there is no doubt that american households will get hurt in january, especially small investors. take a look at this, 30,000 to 50,000, he will take a tax hit here. 23% is how much they will go up. we have to figure out the consequences of the fiscal cliff. oil, which is a $2 per barrel, how the ongoing violence in israel and the gaza strip is impacting you and your money. stay with us for many, nexium helps relieve heartburn symptoms caused by acid reflux disease. osteoporosis-related bone fractures and low magnesium levels have been seen w
on in the middle east this week. and bradley is calling us from sacramento california. good morning bradley. are you with us? you're on the "bill press show." >> caller: yes, i'm here. >> john: welcome. thanks for holding. >> caller: that's okay. i would love to be talking about the economy, trickle down. >> john: it is your floor. >> caller: about israel, i think the problem is that israel feels so confident because america is always there to back them up with the full might and force of the american military. and i really think if we threatened or said we wouldn't be there for them if they keep on bullying and killing really palestinian people, that maybe they would back off a bit. at least stop the killing. i'm not sure that would stop everything. >> john: you're the second caller in a row to say the u.s. should cut israel loose economically. don't you think that might have dire economic and political consequences? >> i don't think we would actually have to go through with it. if we told them okay, we're seriously going to
Search Results 0 to 4 of about 5 (some duplicates have been removed)

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